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|Bid||151.99 x 800|
|Ask||154.98 x 800|
|Day's range||151.97 - 153.16|
|52-week range||100.55 - 190.08|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||13.54|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
General Dynamics' (GD) DDG 51 ships gain widespread importance within the U.S. Naval forces as these warships are equipped with Aegis Weapon System.
General Dynamics' (NYSE: GD) ship is finally coming in. The defense contractor has secured a $9.47 billion deal to complete construction of the first Columbia-class ballistic missile submarine and begin work on a second boat. The contract, though expected, alleviates any lingering concerns that General Dynamics' most important contract would be delayed or get caught up in post-election budgeting squabbles.
It's usually tech stocks that are front-of-mind when investors think of companies that are able to ride the wave of change, but there are times when stodgy old industrials have the opportunity to jump on an unstoppable trend. Here's why we believe XPO Logistics (NYSE: XPO), NIO (NYSE: NIO), and General Dynamics (NYSE: GD) are three stocks that are well positioned to take advantage of long-term trends. Lou Whiteman (XPO Logistics): E-commerce had been taking an ever-growing piece of the total retail spending pie even prior to the pandemic, but COVID-19 has only accelerated the trend.